Nestlé Ghana Ltd has unveiled a GHS 175.4 million expansion of its Infant Cereals Plant in Tema. The expanded plant was commissioned by Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana on Wednesday 8th June 2022.
The expansion will increase the production capacity of CERELAC by 6,700 tons and will make Tema Factory, the primary hub for producing and supplying infant cereals in Ghana and 24 other countries in Central and West Africa.
In a keynote address delivered at the commissioning event, President Akufo-Addo revealed that “This investment by a major multinational company does not only underscore the confidence that Nestlé and its shareholders have in the Ghanaian economy, but it is also a signal to the global business community that the Ghanaian economy is recovering to its pre-COVID-19 levels.’’
The Managing Director of Nestlé Ghana Ltd., Mr. Georgios Badaro in his remarks, noted that the investment was a reaffirmation of Nestlé’s commitment to Ghana, adding that, “The next phase of the plant’s expansion, which will be completed in 2024 at an additional cost of GHS 56 million, will add another 6,700 tons of production capacity through which we will continue to provide the right nutrition for the healthy growth of children in the country and beyond.”
Mr. Mauricio Alarcón, Chief Executive Officer for Nestlé Central and West Africa Region (CWAR), the business entity that oversees Nestlé’s operations in 25 countries across Central and West Africa, also highlighted some benefits of the expansion stating, “With production growing to about 13,700 tons annually, additional income opportunities for local farmers and suppliers in Ghana and the region of Central and West Africa are guaranteed.”
Nestlé Ghana Ltd. will continue to grow and contribute to the economy of Ghana while providing affordable and accessible nutritious foods and beverages in fulfilment of the Nestlé’s purpose of “unlocking the power of food to enhance the quality of life for everyone, today and for generations to come.“